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What The Global Chemicals Industry Is Planning In 2010-2011: Procurement, Investment & Industry Trends Outlook
iCD Research, Feb 2010, Pages: 138
“What The Global Chemicals Industry Is Planning in 2010-2011” analyzes how chemical companies products & services spend, procurement strategies & practices and business planning will be shaped in 2010 to 2011.
In an uncertain economic climate this report gives you access to the category-level spending outlooks, buyer budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies buyers and suppliers market growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels.
Scope:
- Opinions and forward looking statements of 194 industry executives are captured in our in-depth survey, of which over 43% represent Directors, C-levels & Departmental Heads and a further 25% represent senior engineers
- Analysis on buyer spend, procurement and industry developments by chemicals manufacturers and processors, contractors and petrochemical companies and chemicals industry suppliers worldwide
- Key topics include buyer spend activity, procurement behaviors & strategies, threats & opportunities for the chemicals industry and how these have been affected by the economic uncertainty
- In the report buyers identify what suppliers need to do to maintain their business and the key actions being taken by industry players to overcome the leading business threats
- The research is based on primary survey research conducted by ICD Research accessing its B2B panels comprised of senior purchase decision makers and leading supplier organizations
- The geographical scope of the research is global – drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific and Africa & Middle East
Reasons to buy:
- Drive revenues by understanding future product investment areas and growth regions by leading industry players
- Formulate effective sales & marketing strategies by identifying how buyer budgets are changing and where spend will be directed to in the future
- Better promote your business by aligning your capabilities and business practices with your customers' changing needs during these times of market uncertainty
- Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers in the chemicals industry
- Predict how the industry will grow, consolidate and where it will stagnate
- Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers in the industry
Key highlights:
- India, China, the Middle East and Saudi Arabia are predicted to be the fastest growing regions among developing countries. Increasing domestic consumption and huge opportunities for production in these regions are fueling growth
- The majority of chemical companies will be increasing procurement spend over the next 12 months. The average size of the global, annual procurement budgets among chemical producer companies is US$52.9m, compared to US$100.8m for petrochemical companies.
- 42% of chemical industry buyers agree that in order to maintain and win their business, suppliers will have to provide innovative products
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